Inflation in Finland

Finland Harmonized Inflation | Economic News & Forecasts

Finland - Harmonized Inflation

Inflation ticks down in September

Consumer prices remained flat in September over the previous month, after the mild 0.02% increase recorded in August. September’s reading marked the lowest since May. Looking at the details of the release, the print reflects higher prices for education, clothing and footwear being offset by lower prices for transport, restaurants and hotels.

Inflation came in at 0.2% in September, matching August’s reading. Meanwhile, the trend pointed slightly down, with annual average inflation coming in at 0.4% in September from August’s 0.5%.

FocusEconomics Consensus Forecast panelists expect CPI inflation to average 0.5% in 2020, which is up 0.1 percentage points from last month’s estimate. In 2021, our panelists see inflation averaging 1.2%, which is unchanged from last month’s estimate.

Finland - Harmonized Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (HICP, annual variation in %)-0.2  0.4  0.8  1.2  1.1  

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Finland Harmonized Inflation Chart

Finland Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Statistics Finland.

Finland Facts

Value Change Date
Bond Yield0.033.70 %Dec 30
Exchange Rate8.78-0.38 %Jan 01

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